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Filing year 2023

EAST GRAND RAPIDS SCHOOLS FOUNDATION

East Grand Rapids, Michigan·EIN 38-2486451·NTEE B20J · Education·501(c)(3)
Total revenue
$1.7M
Total assets
$17.2M
Total expenses
$1.1M
Reported officers
25
Mission

THE PURPOSE OF THE EAST GRAND RAPIDS SCHOOLS FOUNDATION IS TO PROVIDE FOR THE IMMEDIATE NEEDS OF OUR SCHOOLS BY FUNDING PROGRAMS OR PROJECTS, AND BY FUNDING ENHANCEMENTS TO TEACHING AND LEARNING THAT ARE NOT COVERED BY THE REGULAR SCHOOL BUDGET. THE FOUNDATION PROVIDES FUNDS FOR BOTH IMMEDIATE NEEDS AND LONG TERM ENHANCEMENTS WITHIN OUR DISTRICT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

Executive Director
Median to 75th percentile
$120k
$132k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 24 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at EAST GRAND RAPIDS SCHOOLS FOUNDATION equaled 11% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
11%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 14%
from 2022

From $105k in 2022 to $120k in 2023.

$105k
2022
$120k
2023
In today's dollarsEst.
Up 10% in real terms$120k to $132k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 14% from 2022 to 2023, while revenue fell 13%.

$105k in 2022 to $120k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about EAST GRAND RAPIDS SCHOOLS FOUNDATION

What does the Chief Executive Officer of EAST GRAND RAPIDS SCHOOLS FOUNDATION earn?

In 2023, the Chief Executive Officer of EAST GRAND RAPIDS SCHOOLS FOUNDATION received $119,640 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at EAST GRAND RAPIDS SCHOOLS FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at EAST GRAND RAPIDS SCHOOLS FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at EAST GRAND RAPIDS SCHOOLS FOUNDATION equaled 11% of the organization's total expenses. The median for education organizations is 7%.

What are EAST GRAND RAPIDS SCHOOLS FOUNDATION's revenue and expenses?

In 2023, EAST GRAND RAPIDS SCHOOLS FOUNDATION reported $1.7M in total revenue and $1.1M in total expenses on its IRS Form 990.

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